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Jul 8, 2011
07/11
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, big brawl. jaime: i know you were listening to the debate about whether the stimulus had anything to do with the job numbers. they say both countries unemployment rates moved similarly until the stimulus. both were 6.1% in august of 2008. they rose in lock step through february 09. after the stimulus u.s. unemployment shot up to 10.1 remained above 9.5%. canadian unemployment peaked at 8.7, it's tpoulg and it's now 7.4%. >> who would think we would be looking at canada for an economic model. there is a strong case on the stimulus. certainly you can't make the argument that it has helped all that much if it's helped at all. i would argue it's hurt to the extent at which it implies taking all this debt, adding to the deficit, to the extent that it implies that we have to raise taxes in the future, it's a disincentive for businesses to invest. they don't know what their actual costs are going to be. jaime: president obama did respond to that, you know, saying that it's working, not working as quick
, big brawl. jaime: i know you were listening to the debate about whether the stimulus had anything to do with the job numbers. they say both countries unemployment rates moved similarly until the stimulus. both were 6.1% in august of 2008. they rose in lock step through february 09. after the stimulus u.s. unemployment shot up to 10.1 remained above 9.5%. canadian unemployment peaked at 8.7, it's tpoulg and it's now 7.4%. >> who would think we would be looking at canada for an economic...
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Jul 29, 2011
07/11
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there is the big orange blob we are talking about. starting to see outer bands moving across texas into louisiana. they need the rain, they need so much rain from this tropical storm, unfortunately they are not going to get the bulk of the rainfall. we think mexico is going to see the worst of the rainfall and it could be a beneficial to them and parts of south texas. there is that cone of uncertainty that we are talking about, again making landfall some time in the overnight hours between corpus and browns villain we'll keep you posted throughout the evening. back to you. jenna: the cone of uncertainty, the orange blobs, it's that season again isn't it. >> reporter: it is and we have one behind this one, jenna we'll problem pwhraoeb talking about next week. jenna: we'll keep our audience updated on that and we hope casey does have that rain slicker. jon: i want a rain slicker. jenna: we don't get one we are inside. >> reporter: you don't have one. jon: can i come to your office and unlock the price closet. >> reporter: i have apprise
there is the big orange blob we are talking about. starting to see outer bands moving across texas into louisiana. they need the rain, they need so much rain from this tropical storm, unfortunately they are not going to get the bulk of the rainfall. we think mexico is going to see the worst of the rainfall and it could be a beneficial to them and parts of south texas. there is that cone of uncertainty that we are talking about, again making landfall some time in the overnight hours between...
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Jul 20, 2011
07/11
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that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic that's happened in the economy over the last month or so, jenna. looked like the first four months of this year the economy was really picking up steam. and then we of course hit that speed bump and let's hope it is just a speed bump. i think people are frightened to take on this new debt. by the way, jenna, if i may, this story ties into the other story you innings ined about what is happening with the debt ceiling. if we have downgrade on our debt and if we can't deal with this enormous $14.3 trillion debt and bring it down then the
that is a big problem. and by the way we saw major economists, housing economist yesterday say that he predicts another 10 to 20% decline in housing values, which means more foreclosures. if people lose equity in their house. jenna: we're hearing one of the reasons why some of these sales aren't happening it is not necessarily no one is shopping but we're seeing deals fall through. contracts get canceled. >> yep. jenna: why are we seeing that? >> i think it's the kind of panic...
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Jul 13, 2011
07/11
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>> reporter: well that's a big question. this is the idome super tanner here, this is probably their rolls royce of the building this cost you $36 per go inside, clearly i'm over dressed. this 10% tax took effect just over one year ago, july 1st of last year. it was designed to generate some $2.7 billion over the next decade. why was it put in place? well to help pay for president obama's healthcare bill, which stands at 940 bill kwrorz. supporterbillion dollars. supporters say it offsets the cost of treating skin cancer . however there has been another affect. the businesses themselves say look the extra cost is hurting us and it's hurting business. there is no doubt about it. the tanning salons say it's unfair to be singled out because this particular law, actually exempts tanning booths inside health clubs. because of that they say a you're hurting jobs and you're hurting these small businesses but you're also not being fair about it. it's been in effect for one year. we are in the middle of summer, maybe not as busy as y
>> reporter: well that's a big question. this is the idome super tanner here, this is probably their rolls royce of the building this cost you $36 per go inside, clearly i'm over dressed. this 10% tax took effect just over one year ago, july 1st of last year. it was designed to generate some $2.7 billion over the next decade. why was it put in place? well to help pay for president obama's healthcare bill, which stands at 940 bill kwrorz. supporterbillion dollars. supporters say it offsets...